Tech giant Nokia has released information that it intends to charge smartphone vendors to use their 5G patents. The figure could be as much as $3 per device to gain access to the patents for the 5G technology. Nokia are expected to hold a majority of the 5G patents by the time 5G smartphones enter the market in 2019.
lkka Rahnasto, head of Patent Business at Nokia, stated that “Nokia innovation combined with our commitment to open standardization has helped build the networks of today and lay the foundations for 5G/NR,” she continued, “this announcement is an important step in helping companies plan for the introduction of 5G/NR capable mobile phones, with the first commercial launches expected in 2019.”
Nokia’s investment in 5G research and development has given it a sizable portfolio of standard-essential patents (SEPs). In a statement issued to the press, Nokia said that it would honor the applicable property rights policies and was granted access to its intellectual property on fair, reasonable and non-discriminatory terms.
“Beyond mobile phones, Nokia believes that there will be an unprecedented variety of end-user devices that will use Nokia innovation,” Nokia said in a statement to the press.
The specific details of the licensing fees will be outlined at a later date for smartphone and non-smartphone devices.